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Ok, so for the first time I have to deal with one of my flips not appraising for the sales price. I gave the appraiser a list of comparable recently sold, a list of repairs and before pictures of the condition of the ...
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Hello BP Folks, What is your cutoff for cash flow per door? This is more of a poll. No need for explanation or rationalization but feel free to elaborate if you like.
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I am an accredited investor looking to deploy capital. Recently we had a not-so-pleasant experience with Sunrise Capital. I am sharing my experience as I believe that TIME is the ultimate currency in life. I am simply...
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Hi all,
I think my question above is pretty direct.
I'm interested to buy my first rental property, and after doing a brief search I see that there are quite a number of places out-of-state (I live in NY state) tha...
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While cash flow is great and I strive to cash flow as much as I can, in the long run could this strategy be less profitable than buying & holding in a market that will see high levels of appreciation?I hear folks ...
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Why You Should Not Allow Residents to Deposit Money Directly Into Your Bank Account.
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Just wondering if there could be any issues with unknowingly renting to illegal immigrants. As a landlord, are we responsible for inquiring as to their citizenship? Could we get into trouble legally if we don’t?
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I have looked at 50-100 deals in my area of West Los Angeles. It is difficult to find properties that are cash flow positive after expenses and debt service. Basically, the deals do not look very attractive. I am curi...
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I posted a question before if anyone knew how to find vacant properties besides contacting cities and driving neighborhoods. Shocked that nobody responded with an answer.We find that only larger cities have these reco...
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Hello BP Investors!
I am looking for stories about your biggest real estate mistake, and what you learned from it, for BiggerPockets Wealth Magazine. If selected, your story, name and company will be featured in the ...